8 stories found
John Textor is reportedly seeking $400 million from Michele Kang in a lawsuit related to the takeover of Olympique Lyonnais, claiming Kang convinced him to relinquish control while plotting his ouster.
Michele Kang is set to purchase Lyon for $30 million, acquiring approximately 88% of the club and concluding John Textor’s ownership.
An investor in The Spirit has commented on Michele Kang's takeover, noting the team's significant valuation increase since 2020.
Korean American sports businessperson Michele Kang is poised to take control of Olympique Lyonnais, the prominent French soccer club, through her company Eagle Bidco.
Michele Kang has become the sole shareholder of Lyon, reportedly after purchasing shares from Eagle and injecting 75 million euros into the club.
Michele Kang and Ares Capital have expressed interest in acquiring Lyon, prompting the current owners, Eagle Football Group, to form a safeguard committee.
American businesswoman Michele Kang has become the majority shareholder of French football club Lyon, as announced by the club's previous owners, Eagle Football Group.
NWSL owners Michele Kang and John Neace have invested in Senda Athletics, an independent fair-trade soccer cleat brand, aiming to capitalize on the growing global soccer market.